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Worldwide NFT (Worldwide NFT) Operating Income : $-0.15 Mil (TTM As of Dec. 2023)


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What is Worldwide NFT Operating Income?

Worldwide NFT's Operating Income for the three months ended in Dec. 2023 was $-0.03 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.15 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Worldwide NFT's Operating Income for the three months ended in Dec. 2023 was $-0.03 Mil. Worldwide NFT's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Worldwide NFT's Operating Margin % for the quarter that ended in Dec. 2023 was %.

Worldwide NFT's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Worldwide NFT's annualized ROC % for the quarter that ended in Dec. 2023 was %. Worldwide NFT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.


Worldwide NFT Operating Income Historical Data

The historical data trend for Worldwide NFT's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Worldwide NFT Operating Income Chart

Worldwide NFT Annual Data
Trend Jun12 Jun21 Jun22 Jun23
Operating Income
-0.03 - -20.07 -0.10

Worldwide NFT Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.01 -0.02 -0.09 -0.03

Worldwide NFT Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Worldwide NFT  (OTCPK:WNFT) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Worldwide NFT's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.128 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-0.128/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Worldwide NFT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.128/( ( (0 + max(-0.359, 0)) + (0 + max(-0.391, 0)) )/ 1 )
=-0.128/( ( 0 + 0 )/ 1 )
=-0.128/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.359 + 0 + 0)
=-0.359

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.391 + 0 + 0)
=-0.391

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Worldwide NFT's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.032/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Worldwide NFT Operating Income Related Terms

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Worldwide NFT (Worldwide NFT) Business Description

Traded in Other Exchanges
N/A
Address
3535 Executive Terminal Drive, Suite 150, Henderson, NV, USA, 89052
Website
Worldwide NFT Inc, formerly Goff Corp is a Blank check company.
Executives
Vasquez Serna Manuel Hernando director CARRERA 58, NO.75 - 159 OF #7, BARRANQUILLA F8 0000
Warwick Adam Calasse director, 10 percent owner, officer: Pres/CEO/Treas/Sec/CFO 24 GARDENER ROAD, ARCTURUS, RUWA Y5 0000

Worldwide NFT (Worldwide NFT) Headlines

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